UPDATES

March 23, 2017
COMPANY-OBLIGATION-TO-STRUCTURE-AND-SCALE-EMPLOYEE-WAGES

COMPANY OBLIGATION TO STRUCTURE AND SCALE EMPLOYEE WAGES

All entrepreneurs, including Companies, which employ Employees in Indonesia have the obligation to structure and scale employee wages pursuant to the prevailing wage structure and scale […]
March 21, 2017
NEW-REGULATION-REGARDING-THE-COMPANY-REGISTRATION-CERTIFICATE-TANDA-DAFTAR-PERUSAHAAN--OR-TDP

NEW REGULATION REGARDING THE COMPANY REGISTRATION CERTIFICATE (TANDA DAFTAR PERUSAHAAN OR “TDP”)

TDP or Tanda Daftar Perusahaan(Company Registration Certificate) is a mandatory legal document signifying the official registration of a Company (PT) that has been established in Indonesia. […]
March 20, 2017
DIVESTMENT-OBLIGATION-FOR-FOREIGN-INVESTMENT-COMPANY-PT-PMA-IN-INDONESIA

DIVESTMENT OBLIGATION FOR FOREIGN INVESTMENT COMPANY (PT PMA) IN INDONESIA

Previously, all foreign investment companies in Indonesia, otherwise known as PT PMA, are required to divest part of their shares to Indonesian citizens or legal entities […]
March 16, 2017
CIRCULAR-RESOLUTION-OF-SHAREHOLDERS

CIRCULAR RESOLUTION OF SHAREHOLDERS

General Meeting of Shareholders, also known as GMS or RUPS, is the only mechanism for a Company to make certain decisions pursuant to the Company Law. […]